SEOUL, Feb. 6 (Korea Bizwire) – The government said Thursday it will deploy thermal imaging cameras and bird detection radar systems at all domestic airports to prevent airplane bird strikes following last month’s deadly Jeju Air Co. crash. The Ministry of Land, Infrastructure and Transport reported a comprehensive aviation safety improvement plan to a National Assembly [...]
SEOUL, Feb. 5 (Korea Bizwire) - A comprehensive evaluation of four tablet computers sold in South Korea has identified the Samsung Galaxy Tab S9 FE+ as the leading value-for-money option, offering superior battery life and solid performance for its price point. The Korea Consumer Agency announced on February 4 that its testing revealed significant variations among [...]
SEOUL, Feb. 4 (Korea Bizwire) — The South Korean Ministry of the Interior and Safety announced on February 3 that it will expand benefits for consumers who help identify or frequently patronize businesses designated as “Good Price Shops” — establishments recognized for providing quality goods and services at reasonable prices. Under the new initiative, consumers who [...]
SEOUL, Feb. 4 (Korea Bizwire) — The era of predawn queues for luxury goods appears to be waning among South Korea’s young consumers, who are increasingly turning to budget-friendly alternatives known as “dupes” — affordable replicas of high-end products. The term “dupe,” derived from “duplicate,” refers to cost-effective substitutes for luxury or premium items. According to [...]
SEOUL, Feb. 3 (Korea Bizwire) — The Bank of Korea (BOK) disposed of nearly 3.38 trillion won ($23.1 billion) worth of damaged or contaminated banknotes and coins in 2024, a slight decrease from the previous year. According to a report released on Monday, the central bank discarded approximately 474.89 million currency units last year, down 1.9% [...]
SEOUL, Feb. 3 (Korea Bizwire) — The South Korean auto industry is bracing for significant disruptions after U.S. President Donald Trump announced new universal tariffs on the country’s largest trading partners, including Canada, Mexico, and China. The move is expected to have immediate financial implications for South Korean automakers and suppliers, particularly those that have [...]
SEOUL, Feb. 3 (Korea Bizwire) — Nearly half of South Korean men in their 20s and 30s are classified as obese, while about 30% of young adults are in the pre-diabetes or pre-hypertension stage, according to a new study highlighting alarming health trends among the country’s younger population. The findings, published in a recent issue [...]
SEOUL, Feb. 3 (Korea Bizwire) — In a sign of shifting market dynamics, new applications for reverse mortgages in South Korea increased while cancellations decreased as the real estate market showed signs of cooling at the end of last year. According to data from the Korea Housing Finance Corporation’s housing finance statistics system, new reverse mortgage [...]
SEOUL, Feb. 2 (Korea Bizwire) — LG Electronics has officially launched the ‘LG StandbyME 2’ in the domestic market, marking the first major update to its popular lifestyle screen series in four years. The new model enhances mobility and usability, featuring an improved moving-wheel system and versatile viewing angles. One of the key innovations of the [...]
SEOUL, Feb. 2 (Korea Bizwire) — Four out of 10 foreigners visiting South Korea for medical treatment said the country’s culture influenced their decision to come here, a survey showed Sunday. More than 41 percent of those surveyed answered positively when asked if the cultural experience in South Korea influenced their decision to receive medical [...]